Merit Financial Group LLC Sells 17,419 Shares of Invesco S&P 500 Revenue ETF $RWL

Merit Financial Group LLC decreased its stake in shares of Invesco S&P 500 Revenue ETF (NYSEARCA:RWL) by 9.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,121 shares of the company’s stock after selling 17,419 shares during the period. Merit Financial Group LLC owned approximately 0.29% of Invesco S&P 500 Revenue ETF worth $17,012,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Simplicity Wealth LLC increased its position in shares of Invesco S&P 500 Revenue ETF by 169.3% during the second quarter. Simplicity Wealth LLC now owns 48,111 shares of the company’s stock worth $5,017,000 after acquiring an additional 30,245 shares in the last quarter. Ameriflex Group Inc. increased its position in shares of Invesco S&P 500 Revenue ETF by 13.6% during the second quarter. Ameriflex Group Inc. now owns 9,977 shares of the company’s stock worth $1,030,000 after acquiring an additional 1,192 shares in the last quarter. Investment Planning Advisors Inc. grew its position in Invesco S&P 500 Revenue ETF by 12.1% in the second quarter. Investment Planning Advisors Inc. now owns 24,234 shares of the company’s stock valued at $2,527,000 after purchasing an additional 2,614 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in Invesco S&P 500 Revenue ETF by 11.2% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 5,743 shares of the company’s stock valued at $599,000 after purchasing an additional 580 shares in the last quarter. Finally, Heritage Financial Services LLC bought a new position in Invesco S&P 500 Revenue ETF in the second quarter valued at $263,000.

Invesco S&P 500 Revenue ETF Trading Up 0.4%

Invesco S&P 500 Revenue ETF stock opened at $111.19 on Friday. The company has a market cap of $6.76 billion, a P/E ratio of 18.14 and a beta of 0.98. Invesco S&P 500 Revenue ETF has a 1-year low of $86.97 and a 1-year high of $111.78. The company has a fifty day simple moving average of $107.59 and a 200 day simple moving average of $102.68.

Invesco S&P 500 Revenue ETF Company Profile

RevenueShares Large Cap ETF (the Fund) seeks to achieve its investment objective of outperforming the total return performance of the S&P 500 Index (S&P 500) by investing in the constituent securities of the S&P 500 in the same proportions as the RevenueShares Large Cap Index. The Fund consists of the same constituent securities as the S&P 500.